On April 12th, US and Ukrainian officials held talks on April 11th local time regarding a US Ukraine mineral agreement proposed by the United States. CCTV reporters have learned that a source familiar with the matter revealed that given the “confrontational” atmosphere of the talks, the prospects for a breakthrough are slim. It is reported that the latest draft will grant the United States the priority right to use Ukraine’s mineral resources and require Kiev to deposit all income from the exploitation of natural resources by Ukrainian state-owned and private enterprises into a joint investment fund. However, in the proposed agreement, the United States will not provide security guarantees to Ukraine. On the 11th, the Ukrainian delegation arrived in Washington to continue negotiations on the US Ukraine mineral agreement.
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